New enterprise plan at UCL aims for 500 new companies

University College London has set out a five year strategy to hone its commercial edge and become a global leader in enterprise and innovation

University College London is launching a five-year campaign to boost the role of enterprise at the university.

The ambitious aims include doubling income from licensing, sponsored research and other key commercial activities; creating 500 new enterprises on- and off-campus; offering courses in entrepreneurship to all students and training for staff; and providing sabbatical leave for academics involved in innovation.

“Being enterprising and having a broad portfolio of enterprise activities is central to the core mission of a...